Our regulatory compliance practice provides collaborative, seamless guidance that helps identify and minimize a company's overall compliance risks, whether such risks require comprehensive compliance counseling, confronting state and federal regulators, or handling litigation, including class actions.
We understand that regulatory compliance is among the top concerns of owners, executives, and managers of companies, particularly in today’s increasingly complex and risky legal landscape in which financial services companies confront an ever-growing number of federal and state laws. The legal risks of noncompliance, in both the regulatory and litigation contexts, have never been higher.
Consumer protection laws are paramount in this list of threats and burdens for business. Federal and state regulators, including the Consumer Financial Protection Bureau (CFPB), the Federal Trade Commission (FTC), and state attorneys general, regularly make headlines with their enforcement, investigatory, and regulatory actions.
In addition to their analog state laws, the federal "alphabet soup" of consumer protection statutes and related regulations, including the Truth in Lending Act (TILA), the Telephone Consumer Protection Act (TCPA), the Fair Credit Reporting Act (FCRA), and the Fair Debt Collection Practices Act (FDCPA), impose many specific compliance requirements for our clients. Our team of attorneys is exceptionally knowledgeable and conversant in the requirements of state and federal unfair, deceptive, and abusive acts, and practices laws.
We regularly facilitate on- and off-site compliance audits, perform due diligence reviews, draft training and compliance manuals and materials, and conduct multistate analyses of state and federal laws that may govern the client’s products or business practices.
Consumer Financial Services Law Monitor
04.23.24
CFPB Backs Connecticut and California Bills to Prohibit Medical Debt Reporting
Consumer Financial Services Law Monitor
04.23.24
CFPB Enters Consent Order Against BloomTech Over Misleading Income-Share Agreements
Consumer Financial Services Law Monitor
04.23.24
New Jersey Federal Court Reviews Call Transcript to Dismiss FDCPA Complaint
Consumer Financial Services Law Monitor
04.23.24
Will Resiliency Carry the Digital Asset Sector Through 2024?
Consumer Financial Services Law Monitor
04.19.24
Tackling Credit Push Fraud: Understanding Nacha’s Risk Management Package
Consumer Financial Services Law Monitor
04.18.24
Overruling Chevron: A Potential Double-Edged Sword for the Financial Services Industry